About this role
Position Overview
The Bank is seeking an experienced candidate to serve as Prime Brokerage COO to lead the build-out and strategic growth of its Prime Brokerage franchise, with an initial focus on infrastructure build-out and the launch of related financing solutions.
This role will be responsible for defining and executing the infrastructure build-out, business operating model, governance framework, and client onboarding strategy required to support the Prime Brokerage platform. The successful candidate will act as a trusted partner to senior management and work closely with Trading, Sales, and supporting functions to drive both strategic initiatives and day-to-day business management. Prior experience in business/legal entity build-outs, regulatory inspections, Electronic Trading controls, and front-to-back operating model design will be crucial to succeed in this role.
Key Responsibilities
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Prime Brokerage Build-Out & Prioritization
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Lead the development and execution of the Prime Brokerage business strategy with a particular focus on Stock Lending, Equity Financing, and Equity Swaps.
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Establish the Target Operating Model, governance framework, and infrastructure required to support business growth.
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Drive new business initiatives, product launches, legal entity expansion, and market entry opportunities.
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Lead cross-functional initiatives involving IT, Operations, Risk, Finance, and Front Office teams.
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Manage strategic business transformation programs from concept through to successful execution.
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Business Management
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Own business management activities across the Prime Brokerage franchise, including strategic planning, budgeting, resource allocation, and business performance reporting.
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Monitor key metrics including revenue generation, client profitability, inventory utilization, and balance sheet consumption.
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Partner with Sales and Trading to identify opportunities to expand client activity, improve financing returns, and optimize resource utilization.
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Trading & Product Development
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Work closely with Trading and Sales teams to support the launch and growth of Securities Borrowing & Lending (SBL) and Equity Swap businesses.
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Drive enhancements to inventory management, financing workflows, margin processes, and client servicing capabilities.
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Partner with Risk and Trading on funding, capital, and balance-sheet optimization initiatives.
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Governance, Risk & Regulatory Management
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Establish and maintain a robust governance and control framework for the Prime Brokerage business.
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Lead regulatory reviews, audit engagements, and control enhancement initiatives.
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Ensure compliance with internal policies and external regulatory obligations across all relevant jurisdictions.
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Establish comprehensive trade control frameworks, encompassing algorithmic governance, pre-/post-trade controls, and formal approval and escalation protocols.
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Chair or participate in governance committees and oversee operational incident remediation programs.
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Qualifications & Experience
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15+ years of financial services experience, with at least 10 years focused on Prime Brokerage, Equities, or Markets COO functions.
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Demonstrated experience supporting the launch, expansion, or transformation of Prime Brokerage and financing businesses.
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Proven track record leading large-scale strategic initiatives across both Front Office and infrastructure functions.
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Extensive experience engaging directly with senior management, regulators, and key external stakeholders.
Location
DBS Asia Central
Job:
Business Resilience & Security
Schedule:
Regular
Employee Status:
Full time